ServiceTracker™

Southeast Asia to U.S. trade continues to soar despite COVID-19

   With how much growth the Southeast Asia to U.S. trade has experienced, even into 2020 with the COVID-19 pandemic, it’s become increasingly crucial to stay up to date on liner shipping trends on the trade lane.
   BlueWater Reporting’s latest report, “Southeast Asia to U.S. trade continues to soar despite COVID-19,” shows the fastest container shipping transits from Southeast Asia to the U.S., the container services offered on the trade, and how much capacity each container shipping alliance allocates toward the trade. 
   The report also provides a breakdown of U.S. goods imports from each major economy in Southeast Asia versus China.
   While there has been an increase in trade and allocated container capacity on the Southeast Asia to U.S. trade, the China to U.S. trade has continued to see a decline.
   The report also provides extensive data on how Southeast Asia’s boom in manufacturing and surge in trade with the U.S. in particular is still not enough to wipe out China’s status as the world’s production powerhouse.
   The report can be found here.